The Symmetrical Triangle: The Trader's Quick Guide

Do you see two trend lines that are closing like a pair of tweezers? That's a symmetrical triangle, and here's the important part: it's a consolidation pattern, not a directional one.

What you need to know:

How it forms: The upper line lowers (lower highs), the lower line rises (higher lows). The price is compressed into a narrower range. Point: market uncertainty is at its peak.

When it breaks: It always breaks. Up or down, there is no third option. And here's the trick: the movement is usually explosive because all that compressed energy has to come out somewhere.

The objective: Measure the height of the triangle from the widest point and project it from the breaking point. That is approximately your target.

Input: Wait for confirmation. A candle that closes outside of the trend line. Do not enter when it touches, enter when it breaks.

Stop loss: Place it on the opposite line or at a recent swing. Simple.

Bonus:

Bullish triangle = breaks up in an upward trend. Bearish triangle = breaks down in a downward trend. The previous direction almost always wins.

It's not magic, it's physics: pressure + rupture = predictable movement.